Can I retire at age 46 with 1,350,000?

Use the below retirement simulation to view the chances of a successful retirement.
Confused? Try the simple retirement calculator
About Your Retirement ?
Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:
Portfolio ?
% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $1,350,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.6%
1 years$111,482$110,489$109,520$108,574$107,651$105,607
2 years$55,189$54,161$53,165$52,199$51,262$49,211
3 years$36,427$35,395$34,401$33,445$32,523$30,528
4 years$27,048$26,019$25,035$24,095$23,196$21,273
5 years$21,422$20,399$19,428$18,507$17,633$15,788
6 years$17,673$16,657$15,701$14,800$13,952$12,187
7 years$14,996$13,989$13,048$12,168$11,347$9,661
8 years$12,989$11,991$11,065$10,208$9,413$7,807
9 years$11,429$10,440$9,531$8,695$7,927$6,400
10 years$10,181$9,203$8,309$7,495$6,755$5,304
11 years$9,161$8,193$7,315$6,523$5,809$4,434
12 years$8,312$7,353$6,492$5,721$5,034$3,732
13 years$7,594$6,645$5,800$5,051$4,390$3,159
14 years$6,979$6,040$5,211$4,484$3,848$2,687
15 years$6,446$5,518$4,705$3,999$3,388$2,294
16 years$5,981$5,063$4,266$3,580$2,994$1,964
17 years$5,571$4,662$3,882$3,217$2,655$1,687
18 years$5,206$4,308$3,544$2,899$2,361$1,451
19 years$4,881$3,993$3,244$2,620$2,104$1,252
20 years$4,588$3,710$2,977$2,373$1,880$1,081
21 years$4,324$3,456$2,738$2,153$1,682$935
22 years$4,084$3,226$2,524$1,958$1,508$809
23 years$3,865$3,017$2,330$1,783$1,353$702
24 years$3,665$2,827$2,155$1,626$1,216$609
25 years$3,481$2,653$1,996$1,485$1,095$529
26 years$3,311$2,493$1,851$1,358$986$459
27 years$3,154$2,347$1,719$1,243$889$399
28 years$3,009$2,211$1,598$1,139$802$347
29 years$2,874$2,086$1,487$1,044$724$302
30 years$2,748$1,970$1,385$958$654$263
31 years$2,631$1,862$1,291$880$592$229
32 years$2,521$1,762$1,205$809$535$199
33 years$2,418$1,669$1,125$744$484$174
34 years$2,321$1,582$1,051$684$439$151
35 years$2,230$1,500$983$630$397$132
36 years$2,144$1,424$919$580$360$115
37 years$2,063$1,352$861$535$326$100
38 years$1,987$1,285$806$493$296$87
39 years$1,914$1,222$755$454$268$76
40 years$1,846$1,163$708$419$243$66
41 years$1,781$1,107$664$387$221$58
42 years$1,719$1,054$622$357$200$51
43 years$1,660$1,004$584$329$182$44
44 years$1,604$957$548$304$165$38
45 years$1,551$913$515$281$150$34
46 years$1,500$871$484$259$136$29
47 years$1,451$831$454$240$123$26
48 years$1,405$793$427$222$112$22
49 years$1,361$758$401$205$102$19
50 years$1,318$724$377$189$92$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 46 starting with $1,350,000, adding $5,953 every year, while hoping to spend $26,774 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 47/30/23 Blend
45$1,350,000$1,350,000$1,350,000$1,350,000
46$1,493,841$1,422,291$1,401,366$1,553,994
47$1,617,725$1,463,495$1,419,824$1,637,950
48$1,753,348$1,505,822$1,438,003$1,725,899
49$1,901,879$1,549,297$1,455,866$1,820,822
50$2,064,606$1,593,947$1,473,373$1,923,385
51$2,242,946$1,639,801$1,490,481$2,034,320
52$2,438,461$1,686,885$1,507,146$2,154,435
53$2,652,870$1,735,229$1,523,322$2,284,619
54$2,888,068$1,784,861$1,538,958$2,425,850
55$3,146,142$1,835,810$1,554,004$2,579,205
56$3,429,389$1,888,105$1,568,404$2,745,871
57$3,740,340$1,941,776$1,582,099$2,927,154
58$4,081,786$1,996,854$1,595,030$3,124,495
59$4,456,796$2,053,368$1,607,132$3,339,479
60$4,868,756$2,111,349$1,618,338$3,573,851
61$5,321,392$2,170,829$1,628,575$3,829,536
62$5,818,813$2,231,838$1,637,771$4,108,652
63$6,365,541$2,294,407$1,645,845$4,413,535
64$6,966,561$2,358,568$1,652,717$4,746,756
65$7,627,366$2,424,353$1,658,298$5,111,150
66$8,354,004$2,491,793$1,662,498$5,509,837
67$9,153,141$2,560,921$1,665,220$5,946,257
68$10,032,122$2,631,766$1,666,366$6,424,201
69$10,999,038$2,704,362$1,665,829$6,947,845
70$12,062,804$2,778,740$1,663,498$7,521,790
71$13,233,243$2,854,931$1,659,258$8,151,105
72$14,521,178$2,932,967$1,652,987$8,841,378
73$15,938,534$3,012,878$1,644,558$9,598,765
74$17,498,450$3,094,694$1,633,836$10,430,048
75$19,215,404$3,178,447$1,620,682$11,342,703
76$21,105,349$3,264,165$1,604,949$12,344,968
77$23,185,863$3,351,877$1,586,483$13,445,918
78$25,476,314$3,441,612$1,565,123$14,655,556
79$27,998,044$3,533,397$1,540,700$15,984,905
80$30,774,569$3,627,258$1,513,039$17,446,112
81$33,831,803$3,723,221$1,481,953$19,052,562
82$37,198,299$3,821,311$1,447,251$20,819,006
83$40,905,521$3,921,551$1,408,729$22,761,699
84$44,988,138$4,023,961$1,366,175$24,898,557
85$49,484,355$4,128,562$1,319,370$27,249,318
86$54,436,271$4,235,373$1,268,080$29,835,740
87$59,890,274$4,344,410$1,212,064$32,681,797
88$65,897,483$4,455,687$1,151,069$35,813,909
89$72,514,227$4,569,216$1,084,830$39,261,192
90$79,802,577$4,685,007$1,013,071$43,055,735
91$87,830,934$4,803,066$935,503$47,232,896
92$96,674,671$4,923,398$851,824$51,831,646
93$106,416,846$5,046,003$761,719$56,894,928
94$117,148,985$5,170,879$664,858$62,470,070
95$128,971,948$5,298,018$560,897$68,609,225
96$141,996,877$5,427,411$449,477$75,369,871
97$156,346,247$5,559,043$330,223$82,815,350
98$172,155,022$5,692,893$202,743$91,015,464
99$189,571,928$5,828,939$66,629$100,047,142
100$208,760,856$5,967,149$0$109,995,158